Fintech squarely on the map in New Zealand

When you come from New Zealand, you get used to being left off the map, quite literally. I kid you not, there is a blog that assiduously documents moments when the world forgot to draw its youngest sibling to the right of its brash and self-assured big brother, Australia.


But despite this regular oversight by the world’s collective cartographers , New Zealand’s tech scene is quietly getting itself onto the global map, in a big, figurative way. Investment and innovation is ramping up year on year and companies like Xero and Datacom are helping shape the country’stechnology narrative.


According to a Technology Investment Network 100 report released late last year, the local tech sector saw a 12 percent lift in revenue generated between 2015 and 2016, jumping to $9.422B from $8.412B. Tellingly, the gap between dairy export earnings and tech earnings is closing, signalling New Zealand’s push towards becoming a true information and innovation economy may be getting real traction.


For an interesting overview of the region’s growth you can also check out Tristan Pollock’s post on Medium here.


Read more